Goldman Sachs is maintaining its outlook for gold prices, forecasting the yellow metal at $1,785 an ounce in three months, $1,840 in six months and $1,940 in 12 months, citing subdued U.S. economic growth and further quantitative easing by the Federal Reserve later this year.
Thursday, March 29, 2012
Goldman forecasting the yellow metal at $1,785 an ounce in three months
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